Bank of Maharashtra - INE457A08068

Banks

corporate

Coupon Rate
7.75%
Maturity Date
13 Dec 2030
ISIN
INE457A08068copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Bank of Maharashtra, a corporate, offers a Fixed coupon of 7.75% with maturity on 13 December 2030. Issued through the Private placement as under ISIN INE457A08068, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
ACUITE AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
14 Dec 2020
Remaining Tenure
5Y 5M
Security Name
BANK OF MAHARASHTRA SR I 7.75 LOA 13DC30 FVRS10LAC
Risk Assessment
Credit Rating
Rating
ACUITE AA+ (Stable)
Date of Rating
18 Dec 2024
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